Tag: Legislative Assembly
Cayman court gets power to issue interim orders in foreign cases
(CNS Business): An amendment to the Cayman Islands Grand Court rules has given local judges the power to make free standing interim orders regarding assets and resources in foreign cases that also touch this jurisdiction to help prevent abuse of those involved in legal proceedings around the world. Attorney General Samuel brought the amendment to […]
Minister cleans up problems in mutual funds law
(CNS Business): A requirement for non-resident mutual fund administrators on funds registered here to pay licensing fees and file returns has been removed from the 2012 Mutual Funds law. In what Financial Services Minister Wayne Panton described as a “clean-up exercise†he said that the requirement in the law was not feasible and the industry […]
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